The day-to-day trading pattern of these markets has been one day of strength in the soy complex with weakness in corn and wheat, followed by the opposite action the next day. That is how it was today. General Comments Markets were mixed in the Sunday evening session with corn and wheat higher and soybeans lower after Friday's big move higher in soybeans and soymeal. By mid-morning, soybeans turned higher and eventually led the pack. This is a holiday-shortened week. Markets will trade a normal session Wednesday, be closed Thursday for Thanksgiving Day and be open until noon CST Friday.Energy markets were weak on news that the sanctions against Iran will be lifted. That will mean more competition in world crude oil markets. U.S. financial...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.